Turmeric Futures Edge Lower On NCDEX

Turmeric futures edged lower on NCDEX on fall in demand from up-country and industrial buyers at the spot market. Moreover, adequate stock position on increased supplies from the producing belts too fuelled the downtrend. The contract for September delivery was trading at Rs 7592.00, down by 0.65% or Rs 50.00 from its previous closing of Rs 7642.00. The open interest of the contract stood at 4455 lots.

The contract for October delivery was trading at Rs 7624.00, down by 0.44% or Rs 34.00 from its previous closing of Rs 7658.00. The open interest of the contract stood at 9850 lots on NCDEX.

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